UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ETF (Hedged to USD)

Issuer: UBS

Asset Class: Equity

TER: 28bps

Trading Currency: USD

Pays Income: False

Listing Date: 04 Jan 2018

Ticker: AWSR

ISIN: IE00BDR55703

This investment vehicle offers a comprehensive solution for those looking to build a core global equity portfolio with a strong emphasis on sustainability. It provides diversified exposure to both developed and emerging markets by tracking an index that screens for companies with high environmental, social, and governance (ESG) ratings. The methodology begins with a broad universe of global stocks and applies a rigorous set of values-based and business-involvement exclusions. This process filters out companies involved in controversial activities, ensuring the portfolio aligns with socially responsible investing (SRI) principles. The strategy is designed for investors who want to participate in the growth potential of global markets while simultaneously promoting positive corporate behavior and mitigating ESG-related risks.

Beyond the initial SRI screening, the underlying index incorporates a low-carbon tilt, prioritizing companies that are leaders in managing their carbon emissions and are better positioned for a transition to a low-carbon economy. This dual approach of combining best-in-class ESG selection with a climate-conscious overlay offers a forward-looking investment strategy. Furthermore, the index applies an issuer cap to enhance diversification and prevent over-concentration in any single company. This particular share class also incorporates a currency hedge, which is designed to minimize the impact of foreign exchange rate volatility on returns for investors whose primary currency is the same as the hedge. This makes it an attractive option for those seeking a globally diversified, sustainable equity holding with managed currency risk.